iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) Short Interest Update

iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,695 shares, a drop of 55.0% from the June 15th total of 8,220 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 98,866 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On iShares Paris-Aligned Climate MSCI USA ETF

An institutional investor recently bought a new position in iShares Paris-Aligned Climate MSCI USA ETF stock. JPMorgan Chase & Co. purchased a new position in shares of iShares Paris-Aligned Climate MSCI USA ETF (NASDAQ:PABU) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,361 shares of the company’s stock, valued at approximately $242,000.

iShares Paris-Aligned Climate MSCI USA ETF Price Performance

PABU traded down $0.40 during trading on Tuesday, hitting $76.21. The stock had a trading volume of 351 shares, compared to its average volume of 58,286. The company has a 50 day moving average price of $76.62 and a 200-day moving average price of $72.55. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 32.18 and a beta of 1.06. iShares Paris-Aligned Climate MSCI USA ETF has a one year low of $63.89 and a one year high of $80.55.

iShares Paris-Aligned Climate MSCI USA ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.1606 per share. This is an increase from iShares Paris-Aligned Climate MSCI USA ETF’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, June 15th.

About iShares Paris-Aligned Climate MSCI USA ETF

The iShares Paris-Aligned Climate MSCI USA ETF (PABU) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of tier-weighted US large- and mid-cap stocks selected and weighted based on ESG criteria that is compatible with the Paris Climate Agreement and carbon reduction goals. PABU was launched on Feb 8, 2022 and is managed by BlackRock.